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India’s Exports Shrink 9.3% in August

India’s Exports Shrink 9.3% in August:

India’s exports fell 9.3% in August to $34.7 billion, with the trade deficit hitting a 10-month high of $29.7 billion as imports surged to $64.4 billion. Factors such as softening oil prices, reduced demand from China, and global recession contributed to the slowdown in exports